Sault needs 3,100 new housing units by 2036: city report

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Sault needs 3,100 new housing units by 2036: city report
France Dernières Nouvelles,France Actualités
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Staff gathered stats on housing and population trends in preparation for tonight’s council meeting; 4,255 households with three or more bedrooms are occupied by just one person

Tonight’s jam-packed city council meeting will include discussions about the diverse and complex housing needs in the community.

Following a significant period of decline, the city’s population has been on the rise since 2018 with boosts in migrants, international immigrants, and non-permanent residents.That year also marked the highest number of building permits issued for new units in the past decade with 331. This included 211 permits for apartment units.

There were 32,530 occupied dwellings in Sault Ste. Marie with an average of 2.2 persons per household in 2021. Seventy-five per cent of dwellings in the Sault were built before 1980, leaving the physical state of some houses in question. According to the Ministry of Municipal Affairs and Housing, resale prices grew by approximately 80 per cent between 2017 and 2022 – far outpacing the growth in household income during this time. In 2022, only the households with an income near the 70th percentile or higher would be able to afford an average house of any type within the Sault.

Average rental rates have increased by 56.1 per cent in Sault Ste. Marie between 2011 and 2022 at a lower rate than the income growth of all households. Therefore, the report concluded that renters are likely required to pay more of their gross income on rents over time and leaving less for other necessities.

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France Dernières Nouvelles, France Actualités

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